Product Owner
Summary
Product Owner at F&G (a life insurance and annuity company) defining, prioritizing, and delivering technology solutions for the firm's financial recording and ledger systems — managing the backlog, epics, and user stories to ensure accurate transaction posting, reconciliation, and data integrity across policy administration and accounting platforms, working Agile with business, IT, and vendor team
Job Summary
The Product Owner will be responsible for defining, prioritizing, and delivering solutions that enhance operational efficiency and customer experience across complex technologies. This role will serve as the voice of the business, translating strategy and operational needs into actionable requirements, and ensuring that technology solutions deliver measurable value. The Product Owner will collaborate with cross-functional teams, vendors, and IT partners to manage the product backlog, oversee BAU (business-as-usual) enhancements, and drive continuous improvement.
Specifically, this role will support F&G's financial recordings and ledger systems, ensuring accurate transaction processing, reconciliation, and financial data integrity across policy administration and accounting platforms. This position requires strong leadership, business acumen, and the ability to balance strategic vision with tactical execution.
Duties & Responsibilities
- Define and maintain the product vision and roadmaps, with particular attention to financial recording accuracy, reconciliation processes, and downstream ledger impacts across 1-2 teams of moderate complexity that align business strategy with technical solutions, ensuring clear direction for development teams and stakeholders
- Own and prioritize the product backlog, including requirements related to transaction posting, general ledger interfaces, and financial data reconciliation, translating business needs into well-defined epics, user stories, and acceptance criteria that deliver measurable business value
- Drive consensus and collaboration by acting as the primary liaison between business stakeholders and development teams to understand business context, gather requirements, and communicate product plans and progress
- Make strategic prioritization decisions by balancing competing priorities, stakeholder needs, and resource constraints while managing defects, enhancements, and process improvements
- Lead cross-functional collaboration across business, technical, and vendor teams, including Finance, Accounting, and Actuarial teams, to design, develop, and deliver solutions that meet stakeholder expectations and timelines
- Manage product delivery through appropriate Agile/SDLC methodologies, coordinating updates and changes across all impacted teams while ensuring alignment with governance practices
- Assess and communicate risks, dependencies, and mitigation strategies, with specific attention to financial control risks, data integrity, and audit implications tied to recording and ledger systems.
- Measure and report on product success, conducting post-implementation analysis against expected business outcomes and providing transparent status updates to leaders and stakeholders
- Oversee product budget and resource allocation for managed applications, ensuring efficient use of operating budget
- Drive continuous improvement by challenging existing processes, promoting Agile best practices, and mentoring teams on digital tools and methodologies
Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.
Knowledge, Skills & Abilities
- Ability to define product vision, manage backlogs, and deliver technology solutions that drive business outcomes
- Excellent communication skills, with the ability to present ideas clearly and influence decision-making
- Ability to manage competing priorities and adapt to changing business needs
- Strong problem-solving skills, with the ability to challenge current processes and propose innovative alternatives
- Skilled at building relationships across business and technology teams while maintaining objectivity
- Capable of mentoring colleagues on Agile practices and digital tools
- Strong decision-making and prioritization skills, with a focus on delivering measurable business value
- Working knowledge of financial recording systems, general ledger structures, and reconciliation processes; experience with insurance/annuity accounting, premium processing, or policy administration financial flows preferred
Minimum Qualifications
Education Level
- Bachelor's Degree
Years of Experience
- 7+ years of experience in product ownership or business analysis
- 3+ years of technical professional experience
- Project/program management experience
Preferred Qualifications
Years of Experience
- Experience in the financial services industry
- Experience using Agile values and principles
- Six Sigma, Lean, and/or Kaizen Experience
Other Requirements
- This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
- Perform other functions, duties and projects as assigned
- Regular and punctual attendance
Ability to travel up to: 10% of the time
#LI-MB1 #LI-Remote
Additional Information
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1Top Workplaces USA 2022 – 2023
2Des Moines Register Top Workplaces 2018 – 2022
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Skills
As published by greenhouse · 12 questions · 2 written answers
Basics
First Name, Last Name, Email, Phone, Resume/CV, Cover Letter, Location
Short answers (5)
- Are you FINRA registered? If so, please list the registration you hold and the expiration date.
- Have you ever held a position with this company or any of its subsidiaries?
- How were you referred for this position? If referred by a current F&G employee, please list name.
- What are your salary expectations for this role?
- If yes to having relatives employed at Fidelity Guaranty Life, please list the name of F&G current employee AND family relationship.
Pick from a list (5)
- Are you legally authorized to work in the United States?
- Are you subject to a non-competition agreement or other agreement which would preclude or restrict your employment at F&G or any F&G subsidiary or affiliate?
- Will you need F&G to sponsor you for a visa to work legally in the United States in the future?
- Do you have any relatives employed at Fidelity Guaranty Life?
- Will you need F&G to sponsor you for a visa to work legally in the United States now?
Written answers (2)
- Do you have any relatives employed by the Iowa Insurance Division, IRS, or New York Department of Financial Services? If yes, please provide details.
- Why are you looking for a new opportunity and why do you feel this position would be a good fit for you?